Reebonz Building sold for S$39 million to entity held by Tan family of Sunray Woodcraft Construction
The ramp-up light industrial building in Tampines North is on a site with about 21 years’ balance lease
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THE Tampines North building that served as the headquarters of online luxury marketplace Reebonz has been sold for S$39 million.
The company went into creditors’ voluntary liquidation nearly two years ago
The buyer of the eight-storey ramp-up building is a Singapore company incorporated in May and controlled by the Tan family behind Sunray Woodcraft Construction. Set up in 1987 as a carpentry trade business, Sunray has expanded to become one of Singapore’s biggest interior fit-out, addition and alteration works specialists. The company’s headquarters is at the Sunray Building at 9 Sungei Kadut Street 3; it also has offices in Malaysia, Indonesia and China, according to its website.
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